Abstract
This paper proposes and examines several swap strategies for the oil industry to create win-win situations for companies supplying oil to their customers. A realistic data from a Kuwaiti oil company and its competitor, in another part of the world, is used to build a number of Linear Programming models of the strategies under investigation. The optimal solutions of these models are analyzed to identify the strategies' advantages or disadvantages. The success of swap strategies relies on alliances and partnerships between the oil companies. They, however, seem to advocate very attractive alternative policies, create potentials for substantial cost savings and assure more reliable lead-time to delivery.
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